Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Deficit

v3.10.0.1
Consolidated Statements of Changes in Stockholders' Deficit - USD ($)
Series A Preferred Stock [Member]
Series B Preferred Stock [Member]
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total
Balance at Jun. 30, 2016 $ 5,000 $ 2,914 $ 27,671,552 $ (30,376,023) $ 131,264 $ (2,565,293)
Balance, shares at Jun. 30, 2016 500,000 1 2,914,465          
Issuance of common stock for conversion of convertible debt and accrued interest $ 1,235 1,405,501 1,406,736
Issuance of common stock for conversion of convertible debt and accrued interest, shares 1,234,910          
Reclassification of premium upon debt conversion 266,287 266,287
Settlement of accounts payable for shares of common stock $ 17 49,983 50,000
Settlement of accounts payable for shares of common stock, shares 16,667          
Loss on settlement of debt 158,150 158,150
Loss on settlement of debt, shares          
Issuance of stock for services $ 307 459,637 459,944
Issuance of stock for services, shares 307,480          
Stock option expense 1,686,444 1,686,444
Cancellation of shares for convertible notes payable $ (50) (112,450) (112,500)
Cancellation of shares for convertible notes payable, shares (50,000)          
Warrant modification expense 21,007 21,007
Relative fair value of warrants issued with convertible debt 910,178 910,178
Exercise of warrants $ 155 464,131 464,286
Exercise of warrants, shares 154,762          
Purchase of treasury stock (46,477) (46,477)
Foreign currency translation loss 273,013 273,013
Net loss (7,867,500) (7,867,500)
Balance at Jun. 30, 2017 $ 5,000 $ 4,578 32,980,420 (38,243,523) (46,477) (141,749) (5,441,751)
Balance, shares at Jun. 30, 2017 500,000 1 4,578,284          
Issuance of common stock for conversion of convertible debt and accrued interest $ 40,897 2,729,291 2,770,188
Issuance of common stock for conversion of convertible debt and accrued interest, shares 40,897,389          
Reclassification of premium upon debt conversion 948,129 948,129
Settlement of accounts payable for shares of common stock              
Loss on settlement of debt $ (15) 55,216 55,201
Loss on settlement of debt, shares (15,000)          
Issuance of stock for services $ 969 129,031 $ 130,000
Issuance of stock for services, shares 968,750         500,000
Stock option expense 516,148       $ 516,148
Cancellation of shares for convertible notes payable              
Foreign currency translation loss 499,678 499,678
Net loss (7,039,155) (7,039,155)
Extinguishment of derivative liability associated with convertible notes 809,642 809,642
Balance at Jun. 30, 2018 $ 5,000 $ 46,429 $ 38,167,877 $ (45,282,678) $ (46,477) $ 357,929 $ (6,751,920)
Balance, shares at Jun. 30, 2018 500,000 1 46,429,423